Taiwan Advances Carbon Fee

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Taiwan has completely reorganized its governance structure for environmental policy, which should significantly reinforce its plan to assess a carbon fee and ultimately reach carbon neutrality by 2050. The country has elevated the Environmental Protection Administration into a full-fledged ministry — the Ministry of Environment — and Executive Yuan spokesman Lin Tzu-leun tells Energy Intelligence that the elevation "will mean a large boost in budget and personnel and will lead to a major improvement in environmental governance, including climate change response and mitigation." The move is the latest in a series of climate initiatives. This past spring, Taiwan's Executive Yuan (Cabinet) gave formal approval to 12 core 2050 strategic action plans, and the Cabinet is proposing NT$30 billion to implement those plans between now and 2030.

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